Exhibition sectors

drink technology India covers the full spectrum of the liquid food and beverage sector in India. The show is divided into different exhibition sectors like soft drinks, beer and brewery equipment up to liquid food and oils and fats.

Find more information regarding the different exhibition sections here:

Soft drinks

India’s soft drinks industry is expected to register steady growth. The soft drinks industry is witnessing greater use of natural ingredients including higher juice content and lower sugar content in most beverages.

  • The market size of soft drinks to reach US$ 131,001 million by 2022
  • The soft drinks industry in India is growing at 6–7 percent per annum
  • Revenue in the Soft Drinks segment amounts to US$ 739,267 million in 2020
  • The average per capita consumption stands at 47.8 L in 2020

Source: www.statista.com

Water

With a rise in health awareness and the easy availability of bottled water, the per capita consumption of bottled water in India is on the increase. Growth of sales of bottled water is being driven by rising incomes.

  • The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75 percent from 2018.
  • The market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25 percent from 2018 to 2023.
  • Packaged water segment is expected to have a market size of Rs 21,500 crore

Source: www.indiawaterreview.in, www.businesswire.com

Fruit juice

India’s packaged juice market has charted a high growth trajectory, thanks to its easy availability, anytime-anywhere consumption, and convenience. Millennials in India are more health conscious and monitor what they consume.

  • Compound Annual Growth Rate (CAGR) has reported the growth of juice market in India as more than 18 percent consistently and even forecasted its growth to be more than 15 percent in coming few years; according to India Juice Market Outlook, 2021.
  • The potential capacity of packaged juice market in our country is approximately of gigantic Rs 1,500 crore.

Source: www.fnbnews.com

Beer and brewing equipment

Beer is globally the third most popular drink after water and tea. The beer industry is on the rise according to the craft beer hype. Craft beer has boosted the business of micro-breweries in India.

  • India Beer Market is projected to grow at a CAGR over 7.6 percent during 2018–2024
  • Decade-old Indian craft beer industry is at a nascent stage with a market share of 2–3 percent of India’s beer market ($7 billion) against 12 percent in the US
  • Sales of craft beers to grow at 20 percent y-o-y, which is higher than 5–7 percent y-o-y growth in the beer market.
  • India is among the top five beer markets in Asia Pacific in terms of volume.
  • The beer industry in India has more than 85 large breweries.
  • The sales of craft beer is witnessing a growth of 20 percent year-on-year.

Source: www.businesswire.com, www.cnbctv18.com

Wine, sparkling wine and spirits

The wine production increased in India due to a growing middle class. Major wine producers in Europe are likely to set up their manufacturing facility in the country considering it is a lucrative market.

  • Indian liquor continues to dominate the top 100 spirits brands worldwide.
  • The alcoholic beverages market growth rate to reach a value of INR 5.3 trillion in FY 2026.
  • The Indian alcohol market is the third largest and one of the fastest growing in the world. It is expected to grow by 25 percent to $ 41 billion by 2022.
  • Alcohol consumption in India amounted to about 5.4 billion liters in 2016 and was estimated to reach about 6.5 billion liters by 2020.

Source: www.businesswire.com, www.cnbctv18.com

Milk, liquid milk products

India has been the leading producer and consumer of dairy products worldwide since 1998 with a sustained growth in the availability of milk and milk products.

  • Milk has highest value in Indian agriculture and food sector, more than combined value of wheat and rice.
  • As every 100,000 litres of milk production creates 6,000 new jobs, the sector will see 10 million new jobs by 2025.
  • Uttar Pradesh, Rajasthan, and Gujarat have been the major milk producing states in India.
  • Milk contributes close to the 1/3rd of gross income of rural households.
  • The dairy sector comprises majority of share of India’s gross domestic product.
  • During the period FY 2016 to FY 2020, the market size of butter is expected to grow by 14.5 percent, curd by 14.4 percent, paneer by 14.1 percent, and ghee by 14.1 percent, among others.

Source: www.business-standard.com, www.marketwatch.com

Liquid Food (e. g. vinegar, edible oils, mustard, ketchup or soya products)

Liquid Food (e. g. vinegar, mustard, ketchup or soya products).

  • India condiments market stood at $ 638.96 million in 2018 and is projected to grow at a CAGR of over 13 percent, to reach $ 1,340.5 million by 2024.
  • Due to increase standard of living and changing lifestyle, the demand for sophisticated taste in meal is become an emerging trend of food industry that makes positive impact on table sauces market.
  • Revenue in the Sauces & Condiments segment amounts to US$ 5,687m in 2020. The market is expected to grow annually by 5.3 percent (CAGR 2020–2023).

Source: www.statista.com, www.techsciresearch.com

Oils and fats

  • The India edible oil market to witness a CAGR of 8.75 percent by revenue and 9.88 percent by volume during the forecast years of 2019–2025.
  • India is the largest importer of palm oil in the world.
  • The government has raised import tax on crude palm oil to 44 percent from 37.5 percent in an attempt to boost local oilseed production.
  • The oleochemicals market in India is forecast to surpass US$ 2.6 billion by 2025.

Source: www.telegraphindia.com, www.techsciresearch.com, www.marketwatch.com, www.reuters.com

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